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Conference & Expo: October 8-10, 2024
DealerPoint: April 9-11, 2025

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Dealer OPS & Leadership

Report: CDK Paid $25 Million to End Ransomware Attack

Report: CDK Paid $25 Million to End Ransomware Attack

According to a published report, the price tag that CDK Global paid to cyber terrorists is believed to $25 million. The story from CNN comes as CDK’s CEO Brian MacDonald has promised that the company’s customers will receive financial compensation in a letter going...

KBB: New-Vehicle Prices Hold Steady in June

KBB: New-Vehicle Prices Hold Steady in June

New-vehicle prices were lower year-over-year for the ninth straight month in June, according to data released by Kelley Blue Book (KBB). The average transaction price (ATP) for a new vehicle in the U.S. was $48,644—$266 (0.6 percent) higher from the revised May ATP...

New-Vehicle Sales Down 4.8% in June: NADA

New-Vehicle Sales Down 4.8% in June: NADA

New light-vehicle sales slipped in June in the wake of the cyberattack that affected many dealers’ operations, according to a report from the National Automobile Dealers Association (NADA). Using data Wards Intelligence, NADA’s chief economist Patrick Manzi wrote that...

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